741 Parkway Avenue

Indianapolis, IN
$ 360,000 Beds 3 Baths 2.5 Sq 3,121
Monthly Estimate* How much can I afford?

Looking for a property that gives you options? This Bates Hendricks home is currently being operated as an Airbnb and offers the flexibility to continue as a short-term rental or make it your own personal residence. With Fountain Square, Garfield Park, Downtown Indianapolis, and interstate access all just minutes away, you'll be close to plenty of restaurants, entertainment, parks, and everything downtown has to offer. The home underwent a complete rehab in 2016, creating a comfortable blend of modern updates and the character of an older Indianapolis home. There is plenty of room to spread out, with two separate living spaces, including a loft upstairs that can be used as a second living room, office, or additional hangout space. The main level includes the primary bedroom, making everyday living convenient. The suite has a walk-in closet and private bathroom with a tiled walk-in shower. You'll also find the laundry on the main floor. At the center of the home is a spacious kitchen with plenty of room for cooking and entertaining. It features a large island, breakfast bar, quartz countertops, and stainless-steel appliances. The cabinets have a designer faux-laminate finish with the color built into the laminate rather than simply painted on. Upstairs you'll find two additional bedrooms, a full bathroom, and the large loft area. Outside, the sidewalks make it easy to enjoy the neighborhood on foot, while the oversized two-car garage gives you room for vehicles, storage, hobbies, or a workshop. Whether you're looking for an investment that is already being used as an Airbnb or a home in one of Indianapolis' popular urban neighborhoods, this property gives you the flexibility to go either direction.

Active

  • Price
  • $ 360,000
  • City
  • Indianapolis
  • Bedrooms
  • 3
  • Full Bathrooms
  • 2
  • County
  • MARION
  • Half Bathrooms
  • 1
  • Area
  • Center
  • Lot Size
  • 0.08 Acres
  • Zip
  • 46203
  • Sqr Footage
  • 3,121
  • Year Built
  • 1900
  • Taxes
  • $ 9242
  • Style
  • Traditional
  • MLS#
  • 22128342
Listed By: Michael Ruth II with @properties;
Data Source: MIBOR Broker Listing Cooperative

Features

General

Heating Forced Air,Natural Gas
Cooling Central Air
Utilities Cable Available,Natural Gas Connected,Sewer Connected,Water Connected
Possession Closing
Appliances Dishwasher,Dryer,Disposal,Gas Water Heater,Microwave,Gas Oven,Refrigerator,Washer,Water Heater
Garage Spaces 2
Architectural Style Traditional
Security Features Smoke Detector(s)
Construction Materials Cement Siding
Year Built 1900
Electric 200+ Amp Service
Township Center
Levels Three Or More
Property Subtype Single Family Residence
Tax Year 2025
County Marion
New Construction No
Property Type Residential
HOA No
Subdivision Name South Park
Garage Y/N Yes
Total Rooms 8
Full Baths 2
Status Active
Directions GPS Friendly
City Indianapolis
High School District Indianapolis Public Schools
MLS Area 4910 - Marion - Center
Lot Size Square Feet 3400
Property Attached Y/N No
Current Financing Conventional,FHA,VA
Property Condition Updated/Remodeled
Additional Parcels Y/N No
Standard Status Active
Tax Lot L75
Legal Description South Park Add L75

Interior Features

Interior Amenities Breakfast Bar,High Ceilings,Kitchen Island,Hi-Speed Internet Availbl,Eat-in Kitchen,Smart Thermostat
Basement Storage Space,Unfinished
Total Fireplaces 1
Fireplace Features Electric,Living Room
Basement (Y/N) Yes
Half Baths 1
Laundry Features Main Level
Total Bedrooms 3
Main Level Bedrooms 1
LivingAreaSource Assessor
Total Baths 3

Exterior Features

Exterior Amenities Smart Lock(s)
Parking Features Detached
Lot Features Curbs,Sidewalks,Storm Sewer,Mature Trees
Water Source Public
Foundation Details Block
Spa No
Building Area Total 3121
Lot Size Acres 0.08
Waterfront Y/N No
Other Equipment Radon System
Horse Amenities None

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Greenwood, IN office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

9/26/2026 Listed $360,000

Property vs Zip Code Average in 46203

Price
AVG $270K
$360K
Taxes
AVG $3,167
$9,242
Year Built
AVG 1947
1900

741 Parkway Avenue Indianapolis, IN is a Single Family Home for sale at $360000 with 3121 sqft and a lot size of 0.08 Acres Acre(s). 741 Parkway Avenue Indianapolis has 3 bedrooms, 2 baths and was built in 1900. The property's zip code is 46203 which is in Indianapolis, IN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.